Fair Isaac’s Blaze Advisor 6.5 Targets Business Rules Lifecycle

Posted by: Admin

Blaze Advisor 6.5 integrates new features to help business users better verify and validate the completeness and consistency of rules across the rules lifecycle, significantly increasing the accuracy and reliability of the inferencing process.

New capabilities include enhanced verification of rules and procedural logic, such as user-defined functions to identify gaps and overlaps. Users also can validate rules through regression testing against expected values. The publication process including these verification and validation steps as well as stakeholders’ approval is managed by Blaze Advisor 6.5 in the new Rules Lifecycle service. Projects can be promoted from development to production according to documented and automated processes.

In addition, version 6.5 features tight integration with Model Builder for Predictive Analytics 3.5, Fair Isaac’s software platform for developing and deploying predictive models. The integration allows for greater transparency and enables the swift and flexible movement of models from data analysis into effective decision management via Blaze Advisor’s enhanced Predictive Model Markup Language (PMML) import capabilities. PMML is the most widely deployed data-mining standard for describing statistical transformations and predictive models.

A scorecard, regression or neural network model built in Model Builder can be directly deployed within Blaze Advisor rules flows without recoding. Any authorized business user can apply analytics as an essential decision element that can be seen, easily modified and combined with other decision elements prior to execution, in a single process.

Read the full press release at:

http://www.fairisaac.com/NR/exeres/5A3D97EC-A4C9-418D-93E4-D0A02FB079B6,frameless.htm

Lexicon Enterprise Inc. announces an eclipse plug in for the Open Source BRMS

Posted by: tomdebevoise

Lexicon Enterprise, A leading provider of open source business rules management and business process management software is headquartered in Alexandria Virginia, Announces an Eclipse plugin for OpenLexicon See ww.lexiconenterprise.com
OpenLexicon is an open source business rules management system. Unlike other OpenSource Business Rules system, OpenLexicon uses a ‘code-free’ approach to business rules. OpenLexicon offers an innovative approach to publishing rules as a WebService. The eclipse plugin create WSDL’s and data types (.XSD’s) in the eclipse project of your choice. Again, without code.
OpenLexicon is an open-source business rules and business process management tool released under a modified Mozilla Software License. See ww.openlexicon.org
Lexicon Enterprise, Inc.

Rulesharp Business Rules in Java

Posted by: randy

BRIDGE Business with IT, share Business logic between all levels of your organization
LIVE Reports of Business logic, highly ANALYSABLE, no need for documentation.
MONITOR Business logic execution in production, REAL-TIME, build artificial intelligence
DECOUPLE Business logic from IT services, create them during different TIMELINES
REUSE and VALIDATE Business logic, prevent human error, design using XML or GUI
TEST Business logic in Production using GUI or Automation, no need for test servers.
THE ONLY DATABASE driven engine, no more cryptic scripts for your Business logic
VERY FAST, SCALABLE and MEMORY constrained pure JAVA Rule engine

YASU’s QuickRules 4.5 Comes With Massive Productivity Enhancements

Posted by: Subhash

YASU Technologies, a provider of Business Rules Management Systems (BRMS), has announced the launch of QuickRules Standard Edition 4.5 GA with enhanced Web Service offering.

Now each set of rules can be easily deployed as Web Service with a single click operation. Besides, it is power-packed with productivity enhancing features like Database Lookup Table and ability to model Scorecards. The Database Lookup Table allows a rule developer to build rules on database table elements directly.

YASU Technologies, a provider of Business Rules Management Systems (BRMS), has announced the launch of QuickRules Standard Edition 4.5 GA.

The new 4.5 version has enhanced Web Service offering of QuickRules. Now each set of rules can be easily deployed as Web Service with a single click operation. Besides, it is power-packed with productivity enhancing features like Database Lookup Table and ability to model Scorecards. The Database Lookup Table allows a rule developer to build rules on database table elements directly.

Satish Madhira, CEO of YASU Technologies, adds, “In this new version, business users can easily model validation rules and score cards.”

About YASU Technologies
YASU, a pioneer in the Business Rules Management Solutions (BRMS), provides business rules solutions for both Java and .NET platforms. QuickRules BRMS platform provides advanced tools for business analysts and developers enabling business rule modeling, analysis, implementation and management with advanced tools for analysis and simulation of business rules. QuickRules Java Standard Edition is easy to integrate into SOA centric applications through its strong support for Web Services and rule definitions directly on XML schema.

Patronage by Bayerische Motoren Werke AG (BMW), International Truck and Engine Corporation (ITEC), Scottish Power PIC, Bank of New York, Bombay Stock Exchange, Discovery Holdings, JPMorgan Chase, WebMD, Columbia Insurance Group, Combined Insurance Company of Australia, TransAmerica Occidental Life Insurance Company, Express Capital Lending, Home Loan Center, QUALCOMM Incorporated, Volubill, Deutsche Post AG, Lufthansa Technik Logistik GmbH (LTL) and such 140+ customers and 30+ (Resellers and OEM) partners worldwide has placed YASU among Fast 500 Asia Pacific winners. It is closely monitored by analyst firms across the world.

You can evaluate the QuickRules BRMS suite of applications at
http://www.yasutech.com/products.

Oracle’s Siebel CRM Release 8 Leverages Haley To Maximize Business Flexibility

Posted by: jtesla

Haley Systems, Inc., a business rules management system provider, today announced that Oracle has embedded HaleyRulesTM and HaleyAuthorityTM as the business rules technology in its recently announced Siebel CRM Release 8.

By embedding business rules into Siebel CRM, businesses are able to achieve new levels of cost containment, time-to-market response and long-term competitive advantages. Haley technology is a key part of the Siebel Privacy Management solution within Siebel Universal Customer Master, a comprehensive customer data hub that unifies customer data across multiple business units and functionally disparate systems to provide a trusted authoritative source of customer information across the enterprise.
“Providing business users with an easy to use, yet powerful way to define and refine their business rules is a key ingredient to enabling business agility,” says Mark Woollen, Vice President of CRM Product Strategy at Oracle. “By leveraging technology from Haley in Oracle’s Siebel CRM Release 8, we are able to provide our customers with a high-performance solution that will enable them to define and enforce the rules they need to stay ahead in today’s fast paced, ever changing business environment.”

Oracle’s Siebel CRM Release 8 Leverages Haley To Maximize Business Flexibility Press Release

New release 3.5.1 of Visual Rules focuses on Usability

Posted by: LakeConstance

The German software vendor Innovations Softwaretechnologie today announces the new version 3.5.1 of its business rules management system Visual Rules.

Visual Rules is an intuitive and high-performance business rules management system for developing business rules – as part of agile software. Business logic is modeled graphically and automatically translated into Java code. It can also be provided as EJB or invoked as Web Service.

The new version 3.5.1 focuses on Usability. It provides two powerful new functions for even more usability and flexibility in the definition of business rules:
Users can now quickly import very big and complex data models as the basis for the modeling of business rules. This acceleration is enabled by a highly reduced memory footprint of rule models. Visual Rules actions are now able to directly process Java objects of any type. Because of this new capability, actions can now execute domain-specific tasks.

It is now available for downloading a free test license. www.visual-rules.com

New features of Visual Rules 3.5.1:
- Low memory footprint and quick import even for very complex object models
- Implementation of domain-specific actions that can handle any type of Java object

With Visual Rules it is possible to quickly define, visualize, manage and automate business rules. Graphical modeling of business rules is especially intuitive and possible without technical know-how. The flow of business rules is formulated explicitly in the model. This approach corresponds to the way people think. Thus the business analyst is given the ability to model and maintain business rules himself.
IT experts directly integrate business rules into operational systems and thus create the necessary transparency, flexibility and traceability of business logic for competitive companies.
Integrated quality management ensures that only those rules that are completely tested and logically correct enter production.

Visual Rules is certified as a plug-in, among others, for Eclipse and SAP NetWeaver Developer Studio.

The forum aims at supporting communication among users as well as with the Visual Rules team. All users are invited to participate! www.visual-rules.com/forum

Visual Rules in Practice
Visual Rules is today being used by many customers across the world and represented by an international partner network. A selection of the references are the U.S. company Wyndham, offering luxury hotel & resort accommodations; the German HypoVereinsbank (part of UniCredit); Deutsche Boerse Systems; the Specialist of Asset Management Solutions Odyssey Financial Technologies (located in Luxembourg); ZafinLabs, an IT specialist for Finance Solutions located in the UAE and the Rand Merchant Bank of RSA. The range of applications includes rating of credit risks, the configuration of banking products up to causer-faire accounting of IT services according to ITIL.

OpenLexicon 1.04 Released

Posted by: tomdebevoise

Lexicon Enterprise Inc. announces a new release of their Open Source BRMS, OpenLexicon 1.04
LexiconEnterprise Inc., announces a significant new release of its open source business rules management system (BRMS): OpenLexicon.
After many positive experiences with our partners and the user community, LexiconEnterprise has revised the software product and the project web site. We believe this development offers many benefits for new and returning users.
In addition to a significant new release, we have completely revised the project?‚?€™s web site at www.openlexicon.org Features of the web site include a simple installation utility for the OpenLexicon server plus forums tutorials and documentation.
OpenLexicon Version 1.04 features enhanced web services for SOA and business rules integration, a simple way to export and control your projects plus many, many other features
About OpenLexicon
OpenLexicon is an open-source business rules and business process management tool released under a modified Mozilla Software License. See www.openlexicon.org.
About Lexicon Enterprise, Inc.
Lexicon Enterprise, A leading provider of open source business rules management and business process management software is headquartered in Alexandria Virginia See www.lexiconenterprise.com

Porting of Business Rules Engine to i5/OS

Posted by: jtesla

Haley Systems, a developer of business rules management systems (BRMS) for organizations in the financial services, healthcare, government, and manufacturing industries, recently ported its flagship BRMS server to run under the System i’s native operating system, i5/OS. With HaleyRules 5.4, i5/OS shops gain a way to offload much of the business logic from legacy systems, and move this decision-making capability to a separate rules engine designed to be more flexible and easier for business users to change.


For example, consider a typical mortgage lender that runs an RPG- or Cobol-based loan origination program on an AS/400, iSeries, or System i server. When the company decides that it needs to change the rules dictating whether or not it’s going to offer a loan to an individual, it would often require a programmer to go in and re-write the procedural code to reflect the desired change in business logic. This can take a lot of time, effort, and money to accomplish, and make the company less responsive to changing business conditions.

Read the Full article in IT Jungle at:
Four Hundred Stuff

Apply Business Rules to Your Apps

Posted by: Admin

Ty Anderson has written a nice article for DevX on ILOG Rules for .NET and its integration with Microsoft Visual Studio.

Read the full article here:


http://www.devx.com/vstudioextensibility/Article/32801?trk=DXRSS_LATEST

Blogs: A great way to track business rules

Posted by: Admin

Every week I seem to stumble across a new blog that touches on business rules or business rule engines. I thought I’d post my list in the hope you’d share yours!

In no particular order:

If you use BlogBridge (an excellent open source blog reader) you can subscribe to this Blog Guide, and always remain up to date. The URL for the Blog Guide is:

http://www.blogbridge.com/rl/12039/Business+Rules.opml

If you are using a blog reader that supports OPML (most do) you can download the list and import it into your reader.